Results for: first time home buyers

Capitol Connection – March 4, 2024

Legislative Advocacy This Week at the Capitol The Colorado Association of REALTORS® is now in its 55th day of the 120-day legislative session. Just over two-thirds of all introduced legislation originated in the state House of Representatives, and we expect to see more bills introduced with late status. This week holds two high priority bills highlighted below with the links...

Capitol Connection – February 20, 2024

Legislative Advocacy This Week at the Capitol We are in the 42nd day of the state’s 120-day legislative session. The Colorado Association of REALTORS® has 69 bills in its stack out of the 529 total introduced. CAR’s political advocacy efforts achieved significant amendments in landlord-tenant legislation protecting the property rights of housing providers and ensuring they can place their properties...

Interest rates defined 2023 housing market and will likely drive the story again in 2024

ENGLEWOOD, CO – Defining the 2023 Colorado housing market came down to one major factor: interest rates. No other single component of the housing equation had as far-reaching effects on the market as the Federal Reserve’s raising of the Federal Funds Rate, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from...

With slowing activity across the state, housing prices buoyed by luxury market sales

ENGLEWOOD, CO – Despite small increases in the overall inventory supply, higher mortgage interest rates continue to broaden the traditional seasonal slowdown in housing markets across the seven-county Denver metro area and in markets statewide. As a result, buyers willing to come off the sidelines have gained a little advantage and sellers, willing to sacrifice their 3.5% and lower interest...

THINGS ARE LOOKING UP: Rates will be going down and a fair look at Fannie and Freddie’s new LLPA’s

By Mathew Schulz, CVLS, CML President, Residential Loan ProgramsC.M.L.A. Board of Directors Welcome back to this quarter’s edition of Notes from a Mortgage Professional, brought to you by your local embittered mortgage professional.  NO, that’s not the case. In fact, there are great things on the horizon; a positive outlook on the increased loan level price adjustments from Fannie Mae...

Get to Know Your 2023 CAR President Natalie Davis

How long have you been in real estate, and why did you decide to make this your career? This year is my 13th year in the business. Initially, I decided to begin a career in real estate to have the benefit and advantage of being a real estate professional to help in my own personal real estate transactions. After getting...

Spring has sprung, minus the houses

Interest rates and market uncertainty push start of selling season back more than a month ENGLEWOOD, CO – In what would typically be a rush of new listings hitting the market in April for the start of the home buying and selling season, consumers on both sides of the transaction seem content to watch and wait, reluctant to make a...

Are We Ready to Get Back on Track in 2023?

In the Pikes Peak region, home sales fell in March on a year-over-year basis, continuing a downward trend that began in the second half of last year. And yet, sales and prices in March were up from February and at their highest levels in five months. Also, the pace of home construction —measured by permit activity — jumped in March...

March housing stats may look scary but could be most normal we’ve seen since pre pandemic

ENGLEWOOD, CO – March housing numbers for the seven-county Denver metro area and statewide may look scary at first glance however, they may also be some of the most normal statistics and market conditions seen since the beginning of the pandemic, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). “Median sales...

Capitol Connection – March 31, 2023

Legislative Advocacy this Week at the State Capitol “Don’t Miss Out on the Action – Sign up for REALTOR® Party Mobile Alerts” Text REALTORS to 30644 REALTOR® Party Mobile Alerts, NAR’s advocacy texting platform, offers REALTOR® Associations and REALTORS® a way to stay connected directly from their cell phone or tablet. When a national or state legislative call for action...